Massive competition to hit all firms_2

Fierce competition “never witnessed before” will be the one threat common to all businesses in the next 10 years, according to a Partnership Sourcing Limited (PSL) study.

Sparked by globalisation, the trend is already seeing procurement professionals moving from a purchase to a project way of working, says Vision 2010, which examines factors affecting supply chains over the next decade.

The study states that, as the need for best value increases, procurement will become more involved in company strategy, with an emphasis on...

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